Russia Says LNG Production Capacity Could Jump Threefold By 2035

Russia’s government approved on Monday the country’s long-term development program for liquefied natural gas (LNG), expecting production capacity to rise threefold from current levels to 140 million tons per year by 2035. “The program is based on a comprehensive approach, aimed at diversification of gas supply sources and first of all at an active use of resources of the Arctic shelf and the Far East,” Russia’s Prime Minister Mikhail Mishustin said at a meeting with deputy prime ministers on Monday, as carried by news…